Made in France Peugeot with numerous upgrades in collectors-quality condition.
Built from lightweight double-butted steel with refined touring geometry for comfort and durability in longer rides or commutes.
Specs are below.

There is no Peugeot model by that name. It means that the bicycle has a lightweight frame and I'm sure you read it on a decal. Post better pictures and maybe we can identify it. It looks like a PA10 in the fuzzy picture, but I can't say for sure.